Real Estate Papers

Document Type

Journal Article

Date of this Version

7-2015

Publication Source

Journal of Development Economics

Volume

115

Start Page

200

Last Page

216

DOI

10.1016/j.jdeveco.2015.02.001

Abstract

Predictable annual lean seasons occur in many rural areas, including West Timor in Indonesia. Imperfections in savings and credit markets make it difficult for staple farmers to convert harvest season output into lean season consumption. We conduct a randomized evaluation of a seasonal food storage program and a food credit program. By providing improved ways to transfer assets across seasons, each program functions as a subsidy on lean season consumption. We find that neither program had effects on staple food consumption. The storage program increased non-food consumption. The credit program increased reported income and reduced seasonal gaps in consumption. Our results are consistent with positive income effects through the expansion of budget sets, but suggest that the average household could be close to staple food satiation.

Copyright/Permission Statement

© 2015. This manuscript version is made available under the CC-BY-NC-ND 4.0 license.

Keywords

seasonality, food policy, food storage, food credit

Embargo Date

2-27-2018

Available for download on Tuesday, February 27, 2018

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Date Posted: 27 November 2017

This document has been peer reviewed.